China to keep inflation at around 3% in 2016

0 Comment(s)Print E-mail Xinhua, March 5, 2016
Adjust font size:

China aims to hold this year's consumer price growth at around 3 percent, according to a government work report delivered by Premier Li Keqiang at the annual legislative session on Saturday.

The target is unchanged from that for 2015, but the consumer price index (CPI), a main gauge of inflation, only rose 1.4 percent last year, a six-year low.

Reasons behind low inflation include the economic slowdown and price slump of global commodities. Weighed down by property market downturn, industrial overcapacity and subdued global demand, the Chinese economy grew 6.9 percent last year, the slowest annual expansion in a quarter of a century.

Low inflation can hurt the economy as businesses and individual consumers would postpone purchases, anticipating even lower prices.

Data showed a pickup of CPI in January, but the 1.8-percent rise could not allay fears of persistent deflationary pressure as it was mainly seasonal factors such as higher food prices around the time of the lunar new year that caused the inflation uptick.

Follow China.org.cn on Twitter and Facebook to join the conversation.
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:    
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter
主站蜘蛛池模板: 国产剧情在线播放| 国精品无码一区二区三区左线| 五福影院最新地址| 热re99久久精品国产66热| 又嫩又硬又黄又爽的视频| 青苹果乐园在线高清| 国产无遮挡吃胸膜奶免费看| 521色香蕉网站在线观看| 天天摸天天干天天操| 免费黄色网址网站| 被合租粗糙室友到哭| 国产成人综合久久精品| 一区二区三区视频| 把极品白丝班长啪到腿软| 久久大香线蕉综合爱| 狠狠综合视频精品播放| 另类欧美视频二区| 蜜桃一区二区三区| 国产在线h视频| 精品一区二区视频在线观看| 国产精品无码久久久久| 99久久99这里只有免费费精品| 奇米精品一区二区三区在| 一区二区高清在线| 成人中文精品3d动漫在线| 中日韩一区二区三区| 日本人与黑人xxxx| 亚洲日本一区二区一本一道| 狠狠干视频网站| 国产三级毛片视频| 4jzbtv四季彩app下载| 在线电影中文字幕| aisaobi| 天天躁日日躁狠狠躁一区| 一本一本久久a久久综合精品蜜桃| 成年人在线看片| 中文无码久久精品| 无码任你躁久久久久久| 久久国产小视频| 日韩a级无码免费视频| 久久精品女人天堂AV|